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Eric Adams wants to launch a ‘BitBond’ in NYC —says industry must 'move while the iron is hot'
New York City Mayor Eric Adams is pushing to create a Bitcoin-based investment vehicle dubbed a BitBond, aimed at letting people invest in the city using crypto—not just cash. Speaking at a New York City event alongside TheStreet Roundtable host Scott Melker, Adams said the city is exploring how to offer a bond backed by Bitcoin. “We have a great deal of instruments, financial that allow those who are investing everything from tax-free bonds to other bonds. We want to examine how do we have a bit bond here—to allow those who want to use Bitcoins to do that same level of investments,” he said. While the city's ... (full story)
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From fool.com|Jun 24, 2025XRP (XRP 4.99%) is rising Tuesday. The cryptocurrency's token price was up 7.1% over the previous 24 hours of trading as of 4:30 p.m. ET. At the same point in the day, Bitcoin was ...
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